Africa is currently witnessing a boom in urban investments; however, their nature differs significantly across different cities. Most of the investments are motivated by political – the city of Addis Ababa, for instance, which has grown and developed tremendously in the last twenty years, is witnessing a different urban vision, targeting mainly aesthetic, Ethiopian diaspora, and urban...
The Board Chairman of East African Holding, Buzuayehu Tadele Bizenu, indicated in his Ethiopian New Year message on Monday evening, which was telecast on the state broadcaster ETV that the industrial conglomerate had gotten involved in real estate development via launching the construction of about 800 houses in Addis Ababa, the country's capital. East African Holding is well-known for its investments...
The once rapidly growing real estate sector in Kenya may soon come to a stall. The housing industry is currently facing challenges a shortage of affordable housing for the high demand with signs of oversaturation of properties. At a glance, the real estate growth is quite visible especially in the country’s capital, Nairobi City. Many areas are currently construction sites, and one cannot miss the...
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